Why is Vivanta Indust. falling/rising?

As of 23-Sep, Vivanta Industries Ltd is currently priced at 2.53, with no change in price, reflecting a 0.00% movement. The stock has underperformed in the short term, with a 1-week return of -1.94% compared to the Sensex's -0.34%. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 19.74% against the 5-day average, suggesting falling investor participation. While the company reported positive results in June, including a significant growth in net sales and operating profit, it faces challenges such as high debt levels and negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Vivanta Industries' performance has been notably poor over the past year, with a return of -34.29%, while the Sensex has only declined by 3.33% during the same period. This stark contrast highlights the stock's underperformance relative to the benchmark. Despite outperforming its sector by 1.25% today, the overall trend indicates a lack of confidence among investors, compounded by the company's weak profitability metrics and high debt-to-EBITDA ratio. Consequently, the stock's recent movements reflect a combination of short-term volatility and long-term fundamental weaknesses.